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Crypto Astrology: Eclipses, Hacks, and Blood Baths
- The idea that events in the heavens have real-world effects is an ancient one, but could astrological events like solar and lunar eclipses really have an impact on the crypto market? Some analysts have noticed a correlation between eclipses and market volatility: for example, around the time of annular eclipses, the crypto market has seen large price dips. Meanwhile, half of lunar eclipses between 2014 and 2022 coincided with significant crypto downturns.
- Statistically, it is hard to explain such events as mere coincidence, although analysts concede that no direct causal link has yet been established. Some argue that hackers may be intentionally targeting the market around times of astral upheaval; others suggest that the market follows human psychology, which can be influenced by astrological events.
- Some of the worst crashes that have hit the crypto market also happen to have occurred around lunar eclipses. For example, on May 16, 2022 there was a total lunar eclipse, and around the same time Terra (LUNA) and its stablecoin UST completely imploded. Bitcoin fell below $26,000 and over $200bn vanished from the market in just 24 hours.
- While analysts differ in their opinions on the matter, there are some striking examples of crypto market movements lining up with celestial events, especially eclipses. The evidence is not yet conclusively in favor of astrology, but some analysts are investigating the links between astral events and the market further.
- After reviewing data around market movements and astral events, some researchers have come to the conclusion that "when the sun and moon line up, it’s not just a celestial show—it’s a cosmic alert for your portfolio."
- Ultimately, whether you believe the market is influenced by the stars or not, words to the wise: the crypto market is volatile. Be careful with your trades, make sure you have enough diversification, and never invest more than you can afford to lose.
- The idea of astral influences is not new, but crypto analysts now posit that solar and lunar events, like eclipses, have an effect on market movements. Statistically, it’s hard to explain away events that coincide with an eclipse as mere coincidence. Some researchers have suggested ascribing to astrological theories can protect financial investments, others remain skeptical about the tangible impact the stars have on the market.
- Around the times of annular solar eclipses, the crypto market has historically seen large price dips. Half of lunar eclipses between 2014 and 2022 coincided with significant crypto market downturns. Critics of the astrological explanation for market movements say that such events cannot be the focus of responsible investment advice.
- Investors and analysts continue to look for explanations behind the volatile crypto market and reasons for the cascading market crashes that have plagued the industry. For some, with increasing frequency coinciding with astronomical events around the world, may provide a key to unlocking why such events suddenly occur.
- At this stage, the evidence for astrology-driven impact on the crypto market is thin and researchers have yet to establish a direct causal link. However, that has not stopped analysts from taking a close look at market movements around past astronomical events and speculating about a possible link to future economic indicators.
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